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Downtown Albany Office Space Available
For Lease
$15 SF/Yr

125 State Street, Albany, NY 12207

Attractive office space for lease in downtown Albany.

Space SizeContact for details
Days on Market272

Property Features for 125 State Street

General Information

Standard status Active
Property subtype Office
Listing Agency: CBRE - Albany
Listed By: Craig Darby · License #Associate Real Estate Broker
Source: Cbre
Added: Nov 22, 2025 Changed: Aug 19 Last Checked: Aug 20 at 2:13PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE - Albany

Investment Insights

Based on property information with market context.

Available for lease is up to approximately 8,898 square feet of office space located on floors one through four of a larger building with a total area of approximately 11,804 square feet. The property is situated at the northeast corner of State Street and Eagle Street, in downtown Albany, facing the State Capitol.

Key Highlights

  • Prime downtown Albany location at the corner of State Street and Eagle Street.
  • Office space available up to ±8,898 SF.
  • Located in a ±11,804 SF building.

Property Analytics

Current Use

ATM Atm TD Bank Bank

Suggested Use

Top Pick Skin Care Clinic Building Supply Carpet & Flooring Store Garden Center Electrical Service Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

4,208
Businesses Nearby

Demographics for 12207, NY

2,399
Population
1,553
Households
1.5
Avg Household Size
37
Median Age
36%
College-Educated
90%
High-School Grad
1.0 sq mi
ZIP Area
2,399
Density / Sq Mi
$32,418
Median Household Income
$49,531
Median Earnings
$689
Median Rent
$242,500
Median Home Value

Market

Lease Benchmarks for Albany, NY

$13.96 /SF/Yr
Avg Asking Price
$1.12–$30 /SF/Yr
Price Range
51,205 SF
Avg Space Size

This space is priced 7% above the average of $13.96 /SF/Yr.

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Attractive office space for lease in downtown Albany.
Where is this office units located?
The property is located at 125 State Street Albany, NY.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: Prime downtown Albany location at the corner of State Street and Eagle Street.; Office space available up to ±8,898 SF.; Located in a ±11,804 SF building.
More about this property
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